For retirement there’s no set direction; there are no set goals; and there is no one else to tell you what to do. You’re in charge. That’s what makes it one of the biggest life changes you’ll face.
Once you have established the purpose for each area of your life’s garden, you can begin to plan what the new garden will look like. This includes what type of plants you’ll have, how you’ll arrange them and how many you’ll need. It’s about making choices.
‘Twenty years ago, retirement was still a fixed point in time—you fully retired and went on a cruise to begin a life of leisure for your vision of retirement. It’s very different now.’
The temptation with retirement is to consider it a 20-year-or-so period of time that’s an empty space to enjoy life. But without thinking and planning, that space could easily become a wasteland. A 20-year-or-so wasteland.
Not sure how to begin to plan for what you will do in your retirement? Here’s a simple way to begin—do a PIP analysis. P—passion. I—interests. P—priorities.
About 20 years ago I interviewed Peter Hillary (son of Sir Edmund). He’d made his first successful attempt on Mt Everest in 1990, which made them the first father and son to reach the summit. During the interview, he made a comment that has stuck with me. Reaching the summit is not the ultimate goal.
The best retirements are those that are intentional—with enough flexibility to change when needed. Unfortunately, the evidence shows that too many take a hit-and-miss approach that relies on hope and luck to succeed.
Do you have to write down your retirement goals? Wrong question. Should you write down your retirement goals? Better question. The answer is yes, absolutely!
There’s definitely a place for professional help as you plan your retirement. For instance, you’ll probably need some professional advice about your finances. But, as you consider your retirement, you’ll find your best help in the mirror. You.